Chicken Soup for The Soul Entrtnmnt’s (CSSE) Buy Rating Reiterated at Northland Securities

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Northland Securities reaffirmed their buy rating on shares of Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) in a research report sent to investors on Thursday, AnalystRatings.com reports. They currently have a $15.00 price target on the stock.

Other equities research analysts have also recently issued research reports about the company. ValuEngine cut Chicken Soup for The Soul Entrtnmnt from a buy rating to a hold rating in a report on Wednesday. Maxim Group initiated coverage on Chicken Soup for The Soul Entrtnmnt in a report on Wednesday, April 24th. They issued a buy rating on the stock.

NASDAQ CSSE traded up $0.08 on Thursday, hitting $8.30. 300 shares of the company’s stock were exchanged, compared to its average volume of 14,143. Chicken Soup for The Soul Entrtnmnt has a fifty-two week low of $6.75 and a fifty-two week high of $13.11. The stock has a market capitalization of $34.24 million, a price-to-earnings ratio of 11.63 and a beta of 1.26.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last released its earnings results on Wednesday, May 15th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.21). Chicken Soup for The Soul Entrtnmnt had a negative return on equity of 2.21% and a negative net margin of 12.84%. The business had revenue of $2.53 million for the quarter, compared to analyst estimates of $6.54 million. As a group, research analysts predict that Chicken Soup for The Soul Entrtnmnt will post 0.59 earnings per share for the current year.

A hedge fund recently raised its stake in Chicken Soup for The Soul Entrtnmnt stock. Teton Advisors Inc. increased its position in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 18.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,800 shares of the company’s stock after acquiring an additional 1,800 shares during the period. Teton Advisors Inc. owned approximately 0.31% of Chicken Soup for The Soul Entrtnmnt worth $89,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 16.57% of the company’s stock.

About Chicken Soup for The Soul Entrtnmnt

Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.

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